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Daily Current Affairs 3rd October 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 3rd October 2023. It includes all Major National, International, Business and Sports related current affairs of 3rd October 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 3rd October 2023 Current affairs test.

 

International News

1. Southeast Asia’s Railway Milestone

  • Indonesia’s President, Joko Widodo, initiated Southeast Asia’s premier high-speed railway, “Whoosh”. As part of China’s Belt and Road strategy, this train will reduce travel durations between Jakarta and Bandung. The name “Whoosh” symbolizes efficient and reliable service when translated from Indonesian.

2. Pakistan’s Escalating Financial Woes

  • With an inflation rate of 31.4% in September due to soaring fuel prices, Pakistan is grappling with severe economic challenges. To mitigate this, interest rates were increased to 22%. Despite the rupee’s recovery from its lowest point, the forecast indicates persistent high inflation. Nevertheless, fuel prices have been adjusted downwards in line with global trends.

State News

3. Bihar’s Population Analysis

  • Bihar’s government released findings from its caste survey, revealing the state’s demographic makeup. The data provides a breakdown of various castes and religions’ percentages.

4. Khadi’s Rebranding at IIT Delhi

  • The Khadi and Village Industries Commission (KVIC) unveiled a revamped Khadi outlet at IIT Delhi. The modern collection is designed to appeal to the younger generation, featuring nine unique fashion styles developed under the guidance of the CoEK team.

5. Tamil Nadu Honors ISRO Scientists

  • Tamil Nadu’s Chief Minister, MK Stalin, honored nine distinguished ISRO scientists, including K Sivan and Mylswamy Annadurai. In recognition, cash rewards were presented, and a scholarship for postgraduate engineering students was instituted in honor of a renowned scientist.

Defence News

6. Indian Navy’s Maritime Advancements

  • In partnership with Sagar Defence Engineering Pvt. Ltd, the Indian Navy is poised to display its latest innovations, such as the Autonomous Weaponized Boat Swarms and Autonomous Vessel Underwater (AUV), at the Swavlamban seminar.

7. IAF’s Missile Enhancement

  • The Indian Air Force (IAF) plans to integrate the Astra Beyond Visual Range (BVR) Air-to-Air Missiles, marking a step towards national self-sufficiency and increased security. The inaugural batch of these missiles is anticipated by the end of 2023.

Economy News

8. India’s Decelerating GST Growth

  • India recorded its slowest GST revenue growth in 27 months, dropping to 10.2% in September. The constituents of this revenue and potential explanations for the revenue surge are discussed in detail.

Special Days

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9. Celebrating World Nature Day

  • Established by the World Nature Organization in 2010, World Nature Day highlights global environmental challenges and advocates for eco-conscious practices worldwide.

10. World Space Week 2023 Themes

  • World Space Week underscores the importance of space science, with this year’s theme spotlighting the confluence of space and entrepreneurship.

Summits & Conferences

11. MSME’s Initiative Towards Cleanliness

  • Aligned with the Prime Minister’s vision, the Ministry of MSME organized ‘Shramdaan’, a cleanliness initiative. The campaign promotes the vision of a garbage-free nation.

Awards News

12. Physics Nobel Prize 2023 Awardees

  • The 2023 Nobel Prize in Physics was conferred upon Pierre Agostini, Ferenc Krausz, and Anne L’Huillier for their groundbreaking work in light and electron dynamics.

13. Sudha Murty’s Global Honor

  • Sudha Murty was bestowed with the Global Indian Award for her diverse contributions. She generously donated the award’s monetary component to The Field Institute at the University of Toronto.

Sports News

14. India’s SAFF U-19 Triumph

  • The Indian Men’s U-19 Football Team emerged victorious in the SAFF Championship, underlining their regional supremacy.

15. Ajay Jadeja’s New Role in Cricket

  • Ajay Jadeja, a former Indian cricketer, has been appointed as the mentor for the Afghanistan Cricket Team in the upcoming 2023 ICC Cricket World Cup, reflecting his esteemed position in the cricket domain.
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